Oil Prospecting In N.G.
p. 18 · Read in the full issue
INTEREST in oil prospecting in New Guinea has been revived by the state ment of Mr. J. N. Montgomery at Brisbane that he was impressed by the possibilities of profitable oil production in that territory.
Mr. Montgomery is the leader of a geo logical survey party, which has made an investigation of 2,000 square miles of coun try in the Sepik district, and he returned to Sydney to attend a conference of prin cipals of Oil Search Ltd.
For some time rumours have been cur rent in mining circles regarding the activ ities in New Guinea of companies osten sibly formed to investigate gold areas. In this connection the name of Enterprise of New Guinea N.L. has been freely men tioned, but no official announcement has been forthcoming beyond the issue of a report from the general manager in New Guinea (Mr. Harold Taylour) suggesting that capital be increased with a view to en gaging in the search for petroleum.
Dr. I. H. Beattie, Mr. D. M. N. Me- Farlane, and Mr. A. H. Martin were elected Councillors of the Municipality of Suva, Fiji, in November.